Scheff Foods Limited

Scheff Foods Limited, based in Smethwick, UK, is a large, active family business established 39 years ago. Employing 123 people and holding assets of £3,375,499, it operates from a real address and is overseen by three directors and four owners. The company has a Google rating of 3.0 based on 40 reviews and regularly exports miscellaneous food products, with its last export operation occurring nine months ago.

The company’s website is not available, making it difficult to assess their online presence and sales channels. However, the financial data paints a picture of a business facing challenges. While revenue remained relatively stable, at £4 million, net assets declined by 10% to £2.8 million. Bank borrowings increased by 20% to £1.2 million, and cash reserves fell by 15% to £170,000. Creditors also increased by 10% to £850,000. The company’s small size (meeting two of three criteria for a large company) means it isn’t required to have an audit.

The data suggests Scheff Foods Limited is experiencing some financial pressure, with rising debt and declining cash reserves. However, the stable revenue indicates ongoing demand for its products. The increase in creditors could be due to expanding operations or negotiating better payment terms with suppliers. The company’s family ownership structure may provide stability, but it could also limit access to external funding. The lack of an auditor means the financial statements are unaudited, so it’s important to view the numbers with caution.

Registered in England/Wales under the registration number 02011961, with a registered address at B66 1EL, Smethwick, West Midlands, Scheff Foods Ltd Halfords Park, Halfords Lane.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.